Tuesday 19 April 2016 by FIIG Research Trade opportunities

Top picks – Floating rate bond at 6.88%

See the top rates for bonds and term deposits available this week accurate as at 19 April 2016

Royal Bank of Canada offers a fixed rate bond available to wholesale investors only, at an indicative yield to maturity of 4.00% on 27 January 2026.

Moneytech offers a floating rate bond maturing on 17 April 2020 at an indicative yield to maturity of 6.88% available to both retail and wholesale investors.

The top term deposit rate is 3.15% for 1 year from a major bank.

*Please note rates are accurate as at 19 April 2016 and subject to change. For more information please contact your FIIG representative.